Mirka Ltd, a world-leading manufacturer of surface finishing and industrial solutions, has signed an agreement on 1 September 2025 to acquire all bonded conventional abrasive wheels assets of Hermes Schleifmittel GmbH. The transaction comprises the bonded abrasives facility in Uetersen, Germany, together with all associated assets, inventory, and personnel in Germany and internationally. The acquisition represents a key step in Mirka’s strategy to expand the business and product portfolio in the field of precision grinding.

Hermes is a German specialist in grinding applications, providing a comprehensive range of coated and bonded abrasives as well as precision grinding tools. With global production, logistics, and sales teams, the company delivers high-quality solutions for metalworking, woodworking, precision grinding, and other industries worldwide.

Mirka has systematically developed its portfolio in precision grinding since 2013, when the company built a dedicated production line for micro grit flexible abrasives for polishing and lapping applications. In 2017, Mirka acquired the superabrasive wheel manufacturer Cafro in Italy, followed by the acquisition of dressing roll manufacturer URMA Rolls, also based in Italy, in 2021. With the addition of Hermes bonded conventional wheels, which supplement Mirka’s diamond and CBN wheel range, the basic portfolio is now complete.

Finally, after years of building up the portfolio, we now have a broad, comprehensive and very competitive offering in precision grinding that can serve the most demanding grinding applications. We are really excited about this opportunity and the synergies it brings to our offering

Carner Corporate Finance served as Mirka’s financial advisor throughout the acquisition process, continuing our long-standing collaboration. The transaction underscores Carner’s strong industrial expertise and proven capability to support clients in identifying and acquiring strategic, synergistic targets worldwide.

Buyer

Mirka is a world leader in surface finishing technology and offers a broad range of ground-breaking solutions for the surface finishing and precision industry. Thanks to high-quality sanding and polishing products, and innovative tools with digital services and connectivity, a Mirka solution delivers real benefits to customers in terms of speed, efficiency, surface finish quality and cost-effectiveness. With its subsidiaries around the world, Mirka has the opportunity to connect with its customers on a local level and to offer tailored solutions based on their specific needs.

Learn more about some of Carner's previous transactions with Mirka through the links below.

Link to Mirka's press release

Carner Corporate Finance advises Mirka in the acquisition of Flexmill

Carner advises Mirka (KWH Group) in the acquisition of URMA Rolls